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1JLButMZPU7xu2PUBPxekTcpJKPzZuaTuZ Verifiedwhat on earth do you mean, Marx understood lots of about profit in economics, he's one of the most famous economists in history, this is like a post where you're like, "it's too bad Darwin didn't understand plants & animals!" like, what do you mean, he did
No, Marx did not understand.
maybe you mean you think he got something subtle wrong .... he did in general broadly understand economics quite well, he's one of the most famous economists in history .. his analysis of economics is one of the most important events in history
No, he was just a con artist who knew almost nothing.
I personally think that he undervalued the necessity of economic creativity. A narcissistic usually overvalues his own time period. Thus, he might have thought that once machines take over, there would be no need for human labor anymore.
Yes, that is a lot like how I see Marx's thought.
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